Business

Business openings, closings, and local economic news.

India seeks to expand navy’s reach with 4 amphibious warships

India’s planned acquisition of four large amphibious warships would strengthen its ability to support naval logistics and humanitarian missions across the Indian Ocean, with security experts saying their value depends on how the navy could effectively utilise them during a crisis. The Indian Navy...

Marcus Chen

NewBusinessFinancial Times•47m

Global stocks tumble as oil prices rise

China’s CSI 300 index sheds 1.8% and Eurozone bond sell-off deepens

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NewBusinessSouth China Morning Post•50m

Super Typhoon Champi: Hong Kong airlines cancel at least 12 Taiwan, Japan flights

Airlines in Hong Kong have cancelled or rescheduled more than a dozen flights to and from Taiwan and Japan due to Super Typhoon Champi, with further disruption expected in the coming days. Budget carrier HK Express announced it would cancel 10 flights between Hong Kong and Taiwan on Friday, with...

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NewBusinessCNA Singapore•1h

Indonesian president's allies distance themselves from flagship free meals programme

A poll conducted in early October by a research firm showed about 62 per cent of the public opposed the programme.

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NewBusinessSouth China Morning Post•1h

Hong Kong port needs a new lease of life in value-driven era

Hong Kong’s surging exports amid recent global trade shifts and tariff measures are reason to celebrate. However, they have not reversed the decline in the city’s port’s container throughput, which hit 12.99 million 20-foot equivalent units in 2025, down 5.1 per cent year on year. To address public...

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NewBusinessCNA Singapore•1h

Singapore Airlines to upgrade KrisWorld entertainment system from 2027, with bigger screens and new features

Passengers can expect content from Apple TV, BBC, CNA, HBO Max, iQIYI and Paramount+, with a new interface and the ability to resume programmes across different flights.

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Micron introduces quarterly employee bonus tied to profits

TAIPEI, Oct 22 (Reuters) Chipmaker Micron said on Thursday it is ‌introducing a new quarterly bonus scheme for employees worldwide linked ‌to company ⁠profits, in response ⁠to Taiwan union demands for profit-sharing. The new quarterly bonuses will be in addition to ⁠existing annual ⁠incentive...

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NewBusinessCNA Singapore•1h

Trio who planned burglaries of landed homes in Singapore, stealing S$644,700, gets jail

The men made away with S$644,700 in valuables from the first house they burgled but stole nothing from the second after an elderly man spotted them and made one of them slip on water.

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